Energy-saving Bitcoin rival Chia raises from A16Z, plans mini-IPO

Bram Cohen invented torrenting. Now he's building a cryptocurrency called Chia that doesn't waste electricity like Bitcoin, and top investors are lining up. Chia has just raised a $3.395 million seed round led by AngelList's Naval Ravikant and joined by Andreessen Horowitz, Greylock and more.

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